The European Union has proposed rules aimed at smoothing out differences between its food safety regulations and those of the U.S. while also strengthening animal welfare and transparency, according to an internal EU trade negotiating document leaked Thursday.
The head of the U.S. Chamber of Commerce on Thursday warned that certain aspects of the bilateral free trade agreement between the U.S. and South Korea are not proceeding as quickly as the business community would like, urging both governments to bolster their efforts to fully implement the pact.
The Boeing Co. revealed on Wednesday that it has reached an agreement with members of Iran's civil aviation industry to provide them with airplane parts, navigation charts and other services, marking the first potential deal between a U.S. aerospace company and the country in more than three decades.
Bank of America Corp. agreed to a more than $16.5 million settlement with the U.S. Department of the Treasury's sanctions enforcement unit over allegations that the bank processed around 200 transactions for known drug traffickers subject to U.S. sanctions, the Treasury said Thursday.
As the U.S. continues to push the European Union to soften its opposition to genetically modified organisms in international trade talks, EU leaders on Wednesday adopted a legislative proposal allowing member states to ban GMOs in their territories that have been approved at an EU-wide level.
The U.K. and Canada amended their tax treaty on Monday to more closely reflect changes in Canadian law regarding the taxation of arm's-length transactions, according to the financial ministries of the two countries.
The U.S. on Wednesday raised several concerns about trade barriers in Panama, criticizing the country's hurdles in the shipping and fuel sectors, and seeking more transparency in the country's regulations governing intellectual property, agricultural products and trade remedies.
An Ohio silicon manufacturer sued a Brazilian rival and its affiliates in D.C. federal court on Wednesday, accusing them of using fraud to get off the U.S. government's dumpers list and continue to sell low-priced silicon stateside.
The U.S. International Trade Commission on Tuesday kept alive a bid from labor union United Steelworkers to slap duties on imports of Chinese tires that have allegedly been dumped on the U.S. market and unfairly subsidized, ruling that the tire shipments pose a threat to domestic producers.
China’s commerce minister has asked the U.S. to heed a recent World Trade Organization rulings finding that it applied illegitimate duties on Chinese imports, calling on the Obama administration to “set a good example” for the international community and avoid being a “rules-breaker.”
The U.S. Court of International Trade on Tuesday upheld the U.S. Department of Commerce's decision to calculate the anti-dumping duty on polyethylene terephthalate film, sheet and strip from China by using South Africa as the surrogate country for determining its calculations.
The European Union and a coalition of nations in Southern Africa on Friday wrapped up negotiations on an economic partnership agreement that includes commitments by either side to protect a wide swath of unique names for food and beverages, a key priority in the EU's trade talks with the U.S.
The New York federal judge overseeing Argentina’s fight with investment firms holding around $1.5 billion in government bonds on Tuesday pled with both sides to reach a settlement of the dispute ahead of an end-of-the-month deadline that will cause Argentina to default on its debt.
Flash memory maker Spansion Inc. said Monday it had launched three petitions at the Patent Trial and Appeal Board to invalidate three Macronix International Co. Ltd. patents for nonvolatile memory products being used in a U.S. International Trade Commission investigation.
In Law360's latest roundup of proceedings before the World Trade Organization's Dispute Settlement Body, two import policy fights between the European Union and Russia head for adjudication, members formally adopt WTO findings on a controversial U.S. trade law, and the U.S. and China continue sparring over banking regulations.
The World Trade Organization announced plans on Tuesday to enact its Trade Facilitation Agreement for poorer nations one at a time based on their capacity to implement the terms, as the fate of the closely-watched deal remained unclear with India withholding approval just nine days before the July 31 deadline.
The government of Argentina called on the Second Circuit to lift a New York federal judge’s ban on the nation’s payments to so-called exchange bondholders, making good on an argument it made in a legal notice earlier this month, in one of several filings Monday.
The U.S. International Trade Commission on Monday largely upheld an administrative law judge’s decision finding that Realtek Semiconductor Corp. could not turn to the ITC to enforce a patent for integrated circuit chip technology, ruling that Realtek had not demonstrated a domestic industry.
Business partners planning a massive liquefied natural gas project in Alaska that would include an 800-mile pipeline from the state’s North Slope and liquefaction plant able to serve domestic and foreign customers have submitted an export application to the U.S. Department of Energy on Monday.
The Canadian government has urged a North American Free Trade Agreement panel to toss Eli Lilly & Co.'s $500 million suit claiming that Canadian patent laws unfairly discriminate against pharmaceutical companies, saying the suit improperly aims to create a "supranational court of appeal."
Bank of America’s roughly $16.5 million settlement with the Office of Foreign Assets Control for alleged violation of OFAC sanctions is a treasure trove of sanctions compliance guidance, and carries important lessons for those preparing to submit voluntary self-disclosures, says Michael Dobson Jr. of Kelley Drye & Warren LLP.
A recent report from the U.S. Department of Health and Human Services Office of the Inspector General resurfaced the issue of offshoring restrictions in the context of Medicaid contracts. This easily overlooked issue has been percolating to the top of the list for government agencies, state attorneys general and, perhaps, qui tam plaintiffs’ attorneys, say attorneys with Dickstein Shapiro LLP.
The U.S. Court of International Trade recently overturned the 30-year coexistence of the U.S. Department of Commerce’s substantial transformation test to determine a product’s country of origin and separate statutory provisions that seek to prevent circumvention of trade relief. The ramifications of the Peer Bearing Company-Changshan case are difficult to overstate, says Brian McGill of King & Spalding LLP.
A growing trend in the Southern District of New York akin to a sua sponte rocket docket can provide defendants with an opportunity to set the tone of discovery and shift the burden and risks of the schedule to their adversaries, say Isaac Greaney and Jackie Lu of Sidley Austin LLP.
Finding prospective clients and retaining them has little to do with your legal training and expertise, and yet you have no practice without successful client acquisition and retention. There is no reason you cannot apply your basic legal training to successful sales efforts hinging upon your practice strength and experience, says independent law firm consultant Jennifer Topper.
The latest round of U.S. sanctions against Russia’s oil, natural gas and financial industries is a dramatic departure from how the United States has applied targeted sanctions in the past, and raises several questions, say Alexandra Lopez-Casero and D. Grayson Yeargin of Nixon Peabody LLP.
Nondiverse state court defendants facing purely state law claims that seek to secure federal jurisdiction should determine whether a good faith basis exists to pursue a third-party action against a federal actor in order to trigger the representative U.S. Attorney’s certification and remove such claims under the Westfall Act, say Michael Blumenfeld and Jonathan Singer of Miles & Stockbridge PC.
Analytics offer opportunities for refining both discovery strategy and overall litigation strategy by providing information to support better informed decisions. As an added bonus, they can result in significant cost savings, say Nathalie Hofman and Carolyn Southerland of Huron Consulting Group Inc.
Companies have long been hesitant to challenge the Committee on Foreign Investment in the United States because of the broad discretion given to the executive branch on issues of national security, but the D.C. Circuit ruling in Ralls Corp.’s suit against the committee calls into question the breadth of CFIUS’ authority, say attorneys with Kaye Scholer LLP.
Putting market strength and patent strength on a sliding scale, and using strength in one area to prop up weakness in the other area, the two criteria can form a framework to help optimize globally oriented patent drafting, says Stephen Keefe of Rabin & Berdo PC.